British American Tobacco Offloads $1.5 Billion ITC Stake at ₹413 Per Share

Unknown Apr 02, 2026 4 Views

British American Tobacco (BAT) has initiated a $1.5 billion stake sale in ITC Ltd, pricing the shares at ₹413 apiece, marking a significant portfolio recalibration. The move comes as BAT seeks to streamline its holdings while maintaining its majority stake in ITC. Stake Sale Detail...